Adam Smith Institute seminar on NGDP targeting



I recently participated in an Adam Smith Institute seminar on NGDP targeting (with Anthony Evans and Matt Kilcoyne.) I had my usual technical problems with Zoom, and lost my train of thought a few times. But otherwise it went well.

I also updated my 2011 NGDP paper.

Commenter Matt Moore pointed me to another pro-NGDP targeting paper by another UK think tank (The Centre for Policy Studies). It’s written by Sajid Javid, who was recently the Chancellor of the Exchequer.

Perhaps the tide is turning in the UK. In any case, it’s only a matter of time.